BTCUSD: Over-extended beyond mid-level of logarithmic curve

After passing the mid-level by February 2021 of the current cycle, with an anticipated top around December 2021, are we over-extended in the current bull market cycle? Notably each cycle from lower band of the logarithmic curve to the upper band has increased in velocity in each movement. I still believe in $100K+ by the end of 2021, but $50K already?

Logirthmic Curve & Network Growth : $100K in 2021?

Trade geschlossen: Ziel wurde erreicht:

Back to the long game:

Trade geschlossen: Ziel wurde erreicht